REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Jul

Wed

Jul

Thu

Jul

Karen Magon

karen.magon@engelvoelkers.com +1(805) 910-7412

Listed by Hunter Plescia • Balboa Real Estate, Inc

$ 1,799,000

Est. payment -/mo

Save Virtual Tour

New

15401 Saticoy Street Van Nuys, CA 91406

4 Beds

2 Baths

2,675 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,675 sqft

Price per Sqft $672

MLS Listing ID OC-25143290

Style Spanish

Bedrooms 4

Full Baths 1

Three Quarter Bath 1

Year Built 1933

Lot Size 0.602 Acres

Property Sub-Type Single Family Residence

Property Description

EXCEPTIONAL ESTATE OPPORTUNITY: RARE 26,000 SQ FT LOT - LAKE BALBOA ADJACENT DUAL APPEAL: Premier Family Estate + Future Development Potential Extraordinary 26,000 sq ft flat compound offers 5x the space of typical LA residential lots, creating endless possibilities for luxurious family living. Historic 1933 main residence (2,675 sq ft, 4BR/2BA) showcases authentic character with hand-painted tile floors and thoughtful updates throughout.ESTATE FEATURES: Resort-style pool with mature, private landscaping. Bonus studio structure ideal for guest quarters, home office, or creative space. Multiple fruit trees and established gardens. Children's play area and abundant recreational space. U-shaped driveway with dual gates for easy ingress/egress and extensive parking throughout compound. Gated privacy with room to breathe.PRIME LOCATION: Premium 91406 zip code with established neighborhood character adjacent to Lake Balboa recreational amenities. Well-maintained infrastructure with all utilities in place. Strategic location approximately 0.5 miles from proposed Sepulveda Transit Corridor station.DEVELOPMENT POTENTIAL: R1-1/RS-1 dual zoning may present opportunities for ADU development, potential lot split opportunities under SB9 legislation, phased development, and multi-generational compound expansion. Previously under contract in 2023 at $1.8M demonstrating strong market interest.INVESTMENT HIGHLIGHTS: 26,000 sq ft of flat, usable land increasingly rare in Los Angeles. Historic designation verified - property not listed in State historic database. Transit-oriented location with future connectivity potential. Established neighborhood with premium zip code recognition.Perfect for multi generational families seeking space and privacy, buyers wanting estate-sized entertaining capabilities, investors interested in future development opportunities, or those seeking a unique compound with established character.Private showings by appointment. 4th bedroom permit pending final inspection.BUYER VERIFICATION REQUIRED: All information regarding zoning, development potential, ADU possibilities, SB9 eligibility, permits, transit plans must be independently verified by buyer. Property information deemed reliable but not guaranteed. Buyer responsible for all due diligence regarding development possibilities and restrictions.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LARS

Rooms

Basement Utility

Interior

Interior Features Balcony, Built-In Features, Ceiling Fan(s), Copper Plumbing Full, High Ceilings, Pantry, Storage, Tile Counters, Unfurnished, Kitchenette, Walk-In Pantry

Heating Ductless, Zoned, Central, ENERGY STAR Qualified Equipment, Fireplace(s), Heat Pump

Cooling Central Air, Ductless, ENERGY STAR Qualified Equipment, Heat Pump, Wall/Window Unit(s), Zoned

Flooring Tile, Wood

Fireplaces Type Gas Starter, Living Room

Inclusions Refridgerator, Stove/Oven, Dishwasher, Washing Machine, Dryer

Laundry Dryer Included, Gas & Electric Dryer Hookup, In Garage, Stackable, Washer Included

Exterior

Exterior Feature Kennel

Parking Features Asphalt, Carport, Circular Driveway, Controlled Entrance, Detached Carport, Driveway

Pool Private, Diving Board, Fenced, Filtered, In Ground

Community Features Curbs, Sidewalks, Street Lights

Utilities Available Sewer Connected, Underground Utilities, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected

View Y/N Yes

View Pool

Building

Lot Description Sprinklers, Front Yard, Garden, Landscaped, Level, Lot 20000-39999 Sqft, Rectangular Lot, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Treed Lot, Value In Land, 0-1 Unit/Acre

Sewer Public Sewer, Sewer Paid

Others

Virtual Tour https://unbranded.visithome.ai/k8maai4wGoVcjyWCXbD4bB?mu=ft&t=1750701140

Karen Magon

Advisor | License ID: 02119117

+1(805) 910-7412

GET MORE INFORMATION